LC opening decreased by $23 b in 11-month
Zarif Mahmud: The number of LCs (letters of credit) opening decreased due to the dollar crisis and various austerities. In the first 11 months of the current fiscal year, import credit openings fell by more than…
Read More »24,000 ponds disappeared in 40 years in Chattogram
Ayub Ali, Chattogram: Traditional Chattogram for Ponds-Dighi-Reservoirs. Due to various reasons including increasing demand for land, these reservoirs are being filled and constructed. Ponds and reservoirs are gradually disappearing. Chattogram is becoming a hot city. Analyzing…
Read More »Milk production increased by 4.5 times in 11 years
But farmers incurring loss Mahfuja Mukul: Milk helps to keep the body healthy by meeting the nutritional needs of the body. According to nutritionists, people of all ages should drink milk regularly for a healthy body.…
Read More »CPD for imposing 20pc supplementary duty on polythene bags
Industry Desk: Centre for Policy Dialogue (CPD) yesterday lauded some points of the proposed budget for the fiscal 2023-24 (FY24), urging the government to impose 20 percent supplementary duty on polythene bags, plastic bags and wrapping…
Read More »Budget for FY24 awarded to all, rich and poor
Staff Correspondent: Finance Minister AHM Mustafa Kamal yesterday said that the proposed budget for the next fiscal year (FY24) has been awarded to all sections of people, including rich and poor, while all the projections made…
Read More »NDB to finance $677 m for water supply and gas pipeline construction
Industry Desk: The New Development Bank (NDB) is eager to finance Expanded Dhaka City Water Supply Resilient Project and Replacement of Gas Pipeline between Dhaka and Narayanganj Project.The New Development will provide $677 million loan for…
Read More »Ctg-Cox’s Bazar highway changing for 4-bridges
Construction of four 6-lane bridges complete Ayub Ali, Ctg: Highway in name but in reality narrow, crooked. As a result, accidents and traffic jams were suffered. The scene of that narrow road is changing radically. Four…
Read More »Size of budget increased by 969 times in 52 years
Mahfuz Emran: The first budget of Bangladesh after independence was announced on June 30, 1972. The size of the country’s first budget announced by the then finance minister of the Awami League government, Tajuddin Ahmed, was…
Read More »Mild to moderate heatwave sweeps over country
Staff Correspondent: Mild to moderate heatwave is sweeping over the country and it may continue, said a met office forecast for the next 24 hours commencing 9am yesterday.“Mild to moderate heatwave is sweeping over the country…
Read More »A set of proposals to expand tax net
Zarif Mahmud: Finance Minister AHM Mustafa Kamal will present the last budget of the current government in the National Parliament today. This year’s budget emphasizes new income tax laws and tax hikes, prioritizing International Monetary Fund…
Read More »Tk 108.5 for remittance Tk 107 for export proceed
Dollar hiked again Industry Desk: The dollar rates for remittance and export proceeds both have been increased, with the new rate for remittance set at Tk108.50 and for export proceeds Tk107.The new rates are set to…
Read More »